Federated Hermes Total Return Bond Fund Class R6 Shares (FTRLX)
| Fund Assets | 15.53B |
| Expense Ratio | 0.38% |
| Min. Investment | $0.00 |
| Turnover | 45.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.55% |
| Dividend Growth | 2.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.48 |
| YTD Return | -0.54% |
| 1-Year Return | 5.07% |
| 5-Year Return | 2.03% |
| 52-Week Low | 9.30 |
| 52-Week High | 9.67 |
| Beta (5Y) | n/a |
| Holdings | 1045 |
| Inception Date | Apr 17, 2015 |
About FTRLX
Federated Hermes Total Return Bond Fund Class R6 Shares is an open-end mutual fund specializing in U.S. dollar-denominated, investment-grade fixed-income securities. The fund’s primary objective is to generate total return for investors by balancing income and capital appreciation. Managed with an intermediate core-plus bond strategy, it invests mainly in high-quality bonds but also has the flexibility to allocate up to 25% of assets to non-investment-grade bonds (also known as high-yield or "junk" bonds) and includes exposure to emerging market and non-U.S. dollar-denominated debt when the risk-reward profile is favorable. The fund's portfolio is characterized by moderate credit quality and interest-rate sensitivity, aiming to diversify risk and enhance potential returns. Notable positions include U.S. Treasury notes, mortgage-backed securities, and select corporate bonds. With a substantial asset base and a competitive expense ratio, the fund serves institutional and retirement investors seeking broad exposure to the fixed-income market while maintaining a focus on prudent risk management. Its role in the financial market is to offer investors access to a diversified, actively managed bond portfolio designed to navigate various market conditions and interest rate environments.
Performance
FTRLX had a total return of 5.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Gr Bd M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03505 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03429 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03939 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03437 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03621 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0371 | Sep 30, 2025 |